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Volume 55, No. 15

230/2012

The British Columbia Gazette,

Part II

July 31, 2012

B.C. Reg. 230/2012 , deposited July 19, 2012, pursuant to the TAXATION (RURAL AREA) ACT [section 57 (2) (k)]. Order in Council 538/2012, approved and ordered July 18, 2012.

On the recommendation of the undersigned, the Lieutenant Governor, by and with the advice and consent of the Executive Council, orders that the attached Taxation (Rural Area) Exemption Regulation is made.

TAXATION (RURAL AREA) EXEMPTION REGULATION

Waneta Dam power project partial exemption

(1) Each of the following parcels of land, owned in part by the British Columbia Hydro and Power Authority as a tenant in common, and the improvements on them are exempt from taxation to the extent of the product obtained by multiplying their assessed value by the fraction representing the fractional registered interest of the Authority in the parcel:

Parcel Identifier: 016-344-502 Sublot 1, Township 7A, Kootenay District, Plan X66, Except

Part Included in Plan 11116;

Parcel Identifier: 016-344-511 Sublot 2, Township 7A, Kootenay District, Plan X66;

Parcel Identifier: 027-434-915 Lot A, Township 7A, Kootenay District, Plan NEP86182, Except Plan EPP9510;

Parcel Identifier: 027-434-923 Lot B, Township 7A, Kootenay District, Plan NEP86182, Except Plan EPP9508.

(2) This

section is retroactive to the extent necessary to apply for the purposes of the 2011 and 2012 taxation years.

— K. FALCON, Minister of Finance and Deputy Premier ; S. CADIEUX, Presiding Member of the Executive Council .

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